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1902 3rd Ave
C Composite 55.79
Why this score? — see what drove the C grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +16.5/30.0
  • ARV discount +15.0/15.0
  • DSCR +5.1/10.0
  • 1% rule +4.8/10.0
  • Rent growth +4.4/5.0
  • Livability +4.2/5.0
  • Schools +3.3/10.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$275,000

1902 3rd Ave · Richmond, VA 23222
4 bd · 4.0 ba · 2,868 sqft · SingleFamily public records · 61 Days on market
Built 1910 9,099 sqft lot $96/sqft · 31% below area Est $400k · 31% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

1902 N 3rd Street is a rare opportunity to restore a large historic home in one of Richmond’s steadily growing Northside neighborhoods. Offering approximately 2,868 square feet on a generous 9,099-square-foot lot, this property gives the next owner the kind of size, footprint, and flexibility that is getting harder to find in the city. With a true three-level layout, including finished 3rd-floor space, the home offers substantial potential for the right investor, contractor, or buyer with vision. This property is in distressed condition and is being sold as a full renovation project. Per seller-provided information, burst pipes have caused damage to the flooring, there is visible roof deterioration with a section of roof coating coming loose, and the photos reflect a home that is in generally rough shape throughout. Buyers should expect significant repairs, updates, and improvements across the property, making this best suited for someone prepared to take on a true rehab. What makes this opportunity especially compelling is that the home has already shown what it can become. Previously renovated and sold in 2021, this property offers a strong reminder of the potential that exists here with the right plan, budget, and execution. The square footage, three finished levels, lot size, and historic character create a strong foundation for a transformational project. Located in Northside, an area that continues to see ongoing reinvestment and rising interest from buyers and investors alike, 1902 N 3rd Street presents the chance to bring a sizable Richmond home back to life in a neighborhood where restored properties continue to stand out. For someone who can see past the current condition, the upside here is clear. Sold strictly as-is. Property is being sold strictly as-is, where is. Inspection for informational purposes only.

Key facts

  • Historic home
  • Generous lot size
  • 9,099 sq ft lot

Tags

HISTORIC HOMETHREE FINISHED LEVELSGENEROUS LOT SIZEFULL RENOVATION PROJECT

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 4-bed/4.0-bath single-family listed at $275k.

Deal economics

  • At list price, monthly cash flow is $162 ($2k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $269k (2.1% below list).
  • Recommended offer: $258k (6.0% below list) — sets the bar for market timing.
  • Cap rate 7.0% vs local median 3.3% in Richmond — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 84/100 on livability (#33 in VA, #793 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, health & safety A+; Watch: crime D-.
  • Richmond City Public School District (urban): math 32% / reading 47% proficiency, ranked #123 of 131 in VA (top 94%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 74% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: Rents rising fast (+7.4%/yr); 179 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 weeks tenant-placement turnaround); 2,540 units permitted in Richmond city in 2024 (2,077 in 5+ unit buildings).
  • At $2,693/mo this rent would consume 53% of the median local household income ($61k/yr) (locally 1325% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
  • Richmond County population projected at +40% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 61 days — a 6% lower offer ($258k) is reasonable based on typical stale-listing flexibility.
  • 15 sale attempts since 25y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

  • Watch-outs: built in 1910 — expect roof / HVAC / electrical / plumbing capex.
  • Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $258,499 (6.0% below list)

Questions for the listing agent

  1. It's been on market 61 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
  2. Built in 1910 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  6. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
0.98%
Cap rate
7.00%
Cash-on-cash
2.52%
DSCR
1.11
GRM
8.5

CMA / ARV

ARV (median comp)
$399,569
List price
$275,000
Delta
-31.18%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
2201 4th Ave 0.22mi 5/3.0 (+1) 2,864 (-0%) 11mo $395,475 $138 71
2216 4th Ave 0.25mi 4/3.0 2,824 (-2%) 16mo $450,000 $159 69
1606 Monteiro Ave 0.37mi 3/3.0 (-1) 2,690 (-6%) 2mo $432,500 $161 62
2115 2nd Ave 0.17mi 4/3.5 2,540 (-11%) 14mo $605,000 $238 60
1 King St 0.48mi 4/3.5 2,616 (-9%) 3mo $399,900 $153 58
508 Fourqurean Ln 0.66mi 4/2.5 2,979 (+4%) 0mo $295,000 $99 56
2304 3rd Ave 0.28mi 4/1.5 2,715 (-5%) 15mo $400,000 $147 55
2610 Barton Ave 0.61mi 4/3.0 2,951 (+3%) 14mo $555,000 $188 51
2603 Norwood Ct 0.54mi 3/2.5 (-1) 2,662 (-7%) 2mo $541,000 $203 50
115 Overbrook Rd 0.73mi 3/3.0 (-1) 2,910 (+2%) 8mo $472,500 $162 48
109 Overbrook Rd 0.70mi 4/3.5 2,608 (-9%) 19mo $635,000 $243 34
2606 North Ave 0.65mi 4/2.5 2,454 (-14%) 19mo $405,000 $165 23

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 7.43% rent growth · sell at horizon

5-year hold
IRR
-7.3%
Equity multiple
0.72×
Total profit
$-21,648
Equity at exit
$41,003
10-year hold
IRR
7.3%
Equity multiple
1.66×
Total profit
$51,118
Equity at exit
$23,777

Cash invested: $77,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
55 Moderately Landlord-Leaning
State Virginia
55 Moderately Landlord-Leaning · D+2
County
— inherits STATE
City
— inherits STATE
VRLTA gives some tenant protections; Northern Virginia courts slower; rural VA landlord-leaning.

ZIP-level market 23222

Rents YoY
7.4%
Active inventory
179
Price-to-rent
8.5×

Monthly cashflow live

Estimated rent
$2,693 high interval (Pro) →
Mortgage (P&I)
$1,442
Tax from tax record
$409 /mo · $4,908/yr
Insurance
$115
HOA
$0
Vacancy / Maint / Mgmt
$565
Net cashflow
$162

Break-even live

Break-even rent $2,488
Max offer price $275,000
Occupancy floor 89%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$68,750
Closing costs
$8,250
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 7 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
3007 3rd Ave Richmond, VA 3.0 3.0 2036 $2,295 $1.13 44d 1 0.84mi
3400 Carolina Ave Richmond, VA 4.0 2.5 3960 $2,850 $0.72 17d 1 1.22mi
1313 N 20th St Richmond, VA 3.0 2.0 2000 $2,045 $1.02 12d 1 1.28mi
2701 Northumberland Ave Richmond, VA 3.0 3.0 2310 $2,630 $1.14 4d 1 1.34mi
105 E Broad St Unit 2B Richmond, VA 3.0 3.0 2322 $2,795 $1.20 4d 1 1.37mi
1308 N 23rd St Richmond, VA 3.0 2.5 2052 $2,900 $1.41 17d 1 1.43mi
1500 W Moore St Unit B Richmond, VA 3.0 2.5 2500 $3,700 $1.48 44d 1 1.49mi

Listing history 44 events

  1. 2026-05-13
    status Pending 1857-char remark
    Show marketing remark (1857 chars)

    1902 N 3rd Street is a rare opportunity to restore a large historic home in one of Richmond’s steadily growing Northside neighborhoods. Offering approximately 2,868 square feet on a generous 9,099-square-foot lot, this property gives the next owner the kind of size, footprint, and flexibility that is getting harder to find in the city. With a true three-level layout, including finished 3rd-floor space, the home offers substantial potential for the right investor, contractor, or buyer with vision. This property is in distressed condition and is being sold as a full renovation project. Per seller-provided information, burst pipes have caused damage to the flooring, there is visible roof deterioration with a section of roof coating coming loose, and the photos reflect a home that is in generally rough shape throughout. Buyers should expect significant repairs, updates, and improvements across the property, making this best suited for someone prepared to take on a true rehab. What makes this opportunity especially compelling is that the home has already shown what it can become. Previously renovated and sold in 2021, this property offers a strong reminder of the potential that exists here with the right plan, budget, and execution. The square footage, three finished levels, lot size, and historic character create a strong foundation for a transformational project. Located in Northside, an area that continues to see ongoing reinvestment and rising interest from buyers and investors alike, 1902 N 3rd Street presents the chance to bring a sizable Richmond home back to life in a neighborhood where restored properties continue to stand out. For someone who can see past the current condition, the upside here is clear. Sold strictly as-is. Property is being sold strictly as-is, where is. Inspection for informational purposes only.

  2. 2026-03-13
    listed $275,000 Active 1857-char remark
    Show marketing remark (1857 chars)

    1902 N 3rd Street is a rare opportunity to restore a large historic home in one of Richmond’s steadily growing Northside neighborhoods. Offering approximately 2,868 square feet on a generous 9,099-square-foot lot, this property gives the next owner the kind of size, footprint, and flexibility that is getting harder to find in the city. With a true three-level layout, including finished 3rd-floor space, the home offers substantial potential for the right investor, contractor, or buyer with vision. This property is in distressed condition and is being sold as a full renovation project. Per seller-provided information, burst pipes have caused damage to the flooring, there is visible roof deterioration with a section of roof coating coming loose, and the photos reflect a home that is in generally rough shape throughout. Buyers should expect significant repairs, updates, and improvements across the property, making this best suited for someone prepared to take on a true rehab. What makes this opportunity especially compelling is that the home has already shown what it can become. Previously renovated and sold in 2021, this property offers a strong reminder of the potential that exists here with the right plan, budget, and execution. The square footage, three finished levels, lot size, and historic character create a strong foundation for a transformational project. Located in Northside, an area that continues to see ongoing reinvestment and rising interest from buyers and investors alike, 1902 N 3rd Street presents the chance to bring a sizable Richmond home back to life in a neighborhood where restored properties continue to stand out. For someone who can see past the current condition, the upside here is clear. Sold strictly as-is. Property is being sold strictly as-is, where is. Inspection for informational purposes only.

  3. 2021-10-21
    soldstatus $380,000 Closed 1230-char remark
    Show marketing remark (1230 chars)

    Need a spacious 5br/4ba? Or might you be interested in monetizing your living experience with AIRBNB/Short Term Rental income, need all this space for Group Home business model, Student Housing, etc. Look no further!!! This beautiful Renovated Modern Farmhouse vibe historic Victorian home w/ finished 3rd floor in Chestnut Hills, perfect for primary residence or income property opportunities! Minutes from downtown & VCU! Fresh trend updates in 2021! Offers an open floor plan & still maintaining its charm w/ HARDWOODS that flow through the common area & original pine up the stairs. Open kitchen offers tons of storage at base cabinets & then artful upper new shelving for the organized kitchen & striking displays of your favorite cookbooks and accessories! Stainless appliances convey, island with overhanging pendent lights, recessed lighting & ceramic tile flooring. The 1st floor also features a private hallway with an additional room perfect for an office/study & full bath. 2018-All new electric, plumbing, HVAC. A sought after home sitting stately on a large lot with a wrap around porch, double rear decks for sunrises/sunset views and multiple car off street parking.

  4. 2021-09-17
    status Pending 1230-char remark
    Show marketing remark (1230 chars)

    Need a spacious 5br/4ba? Or might you be interested in monetizing your living experience with AIRBNB/Short Term Rental income, need all this space for Group Home business model, Student Housing, etc. Look no further!!! This beautiful Renovated Modern Farmhouse vibe historic Victorian home w/ finished 3rd floor in Chestnut Hills, perfect for primary residence or income property opportunities! Minutes from downtown & VCU! Fresh trend updates in 2021! Offers an open floor plan & still maintaining its charm w/ HARDWOODS that flow through the common area & original pine up the stairs. Open kitchen offers tons of storage at base cabinets & then artful upper new shelving for the organized kitchen & striking displays of your favorite cookbooks and accessories! Stainless appliances convey, island with overhanging pendent lights, recessed lighting & ceramic tile flooring. The 1st floor also features a private hallway with an additional room perfect for an office/study & full bath. 2018-All new electric, plumbing, HVAC. A sought after home sitting stately on a large lot with a wrap around porch, double rear decks for sunrises/sunset views and multiple car off street parking.

  5. 2021-09-02
    listed $398,100 Active 1230-char remark
    Show marketing remark (1230 chars)

    Need a spacious 5br/4ba? Or might you be interested in monetizing your living experience with AIRBNB/Short Term Rental income, need all this space for Group Home business model, Student Housing, etc. Look no further!!! This beautiful Renovated Modern Farmhouse vibe historic Victorian home w/ finished 3rd floor in Chestnut Hills, perfect for primary residence or income property opportunities! Minutes from downtown & VCU! Fresh trend updates in 2021! Offers an open floor plan & still maintaining its charm w/ HARDWOODS that flow through the common area & original pine up the stairs. Open kitchen offers tons of storage at base cabinets & then artful upper new shelving for the organized kitchen & striking displays of your favorite cookbooks and accessories! Stainless appliances convey, island with overhanging pendent lights, recessed lighting & ceramic tile flooring. The 1st floor also features a private hallway with an additional room perfect for an office/study & full bath. 2018-All new electric, plumbing, HVAC. A sought after home sitting stately on a large lot with a wrap around porch, double rear decks for sunrises/sunset views and multiple car off street parking.

  6. 2021-09-01
    price $398,100 1230-char remark
    Show marketing remark (1230 chars)

    Need a spacious 5br/4ba? Or might you be interested in monetizing your living experience with AIRBNB/Short Term Rental income, need all this space for Group Home business model, Student Housing, etc. Look no further!!! This beautiful Renovated Modern Farmhouse vibe historic Victorian home w/ finished 3rd floor in Chestnut Hills, perfect for primary residence or income property opportunities! Minutes from downtown & VCU! Fresh trend updates in 2021! Offers an open floor plan & still maintaining its charm w/ HARDWOODS that flow through the common area & original pine up the stairs. Open kitchen offers tons of storage at base cabinets & then artful upper new shelving for the organized kitchen & striking displays of your favorite cookbooks and accessories! Stainless appliances convey, island with overhanging pendent lights, recessed lighting & ceramic tile flooring. The 1st floor also features a private hallway with an additional room perfect for an office/study & full bath. 2018-All new electric, plumbing, HVAC. A sought after home sitting stately on a large lot with a wrap around porch, double rear decks for sunrises/sunset views and multiple car off street parking.

  7. 2021-08-31
    historical
  8. 2021-08-05
    price $399,000
  9. 2021-07-22
    price $424,950
  10. 2021-07-13
    price $449,950
  11. 2021-06-30
    listed $459,950 Active
  12. 2018-11-09
    soldstatus $244,897
  13. 2018-11-07
    soldstatus $244,897 Closed
  14. 2018-09-25
    status Pending
  15. 2018-09-19
    listed $249,900 Active
  16. 2018-09-13
    historical
  17. 2018-08-02
    listed $254,950 Active
  18. 2018-07-31
    historical
  19. 2018-07-22
    price $259,950
  20. 2018-07-05
    price $265,900
  21. 2018-06-11
    listed $269,999 Active
  22. 2018-05-31
    historical
  23. 2018-05-04
    price $274,995
  24. 2018-05-03
    status Active
  25. 2018-04-17
    historical
  26. 2018-04-03
    price $279,900
  27. 2018-03-01
    listed $299,000 Active
  28. 2017-05-25
    soldstatus $112,500 Closed
  29. 2017-05-25
    soldstatus $112,500
  30. 2017-05-04
    status Pending
  31. 2017-04-20
    price $129,000
  32. 2017-03-24
    status Active
  33. 2017-03-08
    historical
  34. 2017-03-02
    listed $139,900 Active
  35. 2009-09-22
    historical
  36. 2009-09-22
    historical
  37. 2007-09-02
    historical
  38. 2006-12-02
    historical
  39. 2006-12-01
    listed $105,000
  40. 2006-12-01
    listed $105,000
  41. 2006-04-19
    listed $135,000
  42. 2006-04-19
    listed $135,000
  43. 2002-02-28
    soldstatus $380,000 1230-char remark
    Show marketing remark (1230 chars)

    Need a spacious 5br/4ba? Or might you be interested in monetizing your living experience with AIRBNB/Short Term Rental income, need all this space for Group Home business model, Student Housing, etc. Look no further!!! This beautiful Renovated Modern Farmhouse vibe historic Victorian home w/ finished 3rd floor in Chestnut Hills, perfect for primary residence or income property opportunities! Minutes from downtown & VCU! Fresh trend updates in 2021! Offers an open floor plan & still maintaining its charm w/ HARDWOODS that flow through the common area & original pine up the stairs. Open kitchen offers tons of storage at base cabinets & then artful upper new shelving for the organized kitchen & striking displays of your favorite cookbooks and accessories! Stainless appliances convey, island with overhanging pendent lights, recessed lighting & ceramic tile flooring. The 1st floor also features a private hallway with an additional room perfect for an office/study & full bath. 2018-All new electric, plumbing, HVAC. A sought after home sitting stately on a large lot with a wrap around porch, double rear decks for sunrises/sunset views and multiple car off street parking.

  44. 2001-11-13
    listed $254,900 1230-char remark
    Show marketing remark (1230 chars)

    Need a spacious 5br/4ba? Or might you be interested in monetizing your living experience with AIRBNB/Short Term Rental income, need all this space for Group Home business model, Student Housing, etc. Look no further!!! This beautiful Renovated Modern Farmhouse vibe historic Victorian home w/ finished 3rd floor in Chestnut Hills, perfect for primary residence or income property opportunities! Minutes from downtown & VCU! Fresh trend updates in 2021! Offers an open floor plan & still maintaining its charm w/ HARDWOODS that flow through the common area & original pine up the stairs. Open kitchen offers tons of storage at base cabinets & then artful upper new shelving for the organized kitchen & striking displays of your favorite cookbooks and accessories! Stainless appliances convey, island with overhanging pendent lights, recessed lighting & ceramic tile flooring. The 1st floor also features a private hallway with an additional room perfect for an office/study & full bath. 2018-All new electric, plumbing, HVAC. A sought after home sitting stately on a large lot with a wrap around porch, double rear decks for sunrises/sunset views and multiple car off street parking.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast VA · Resets to sale price

Current annual tax
$4,908 · $409/mo
Projected year-2 tax
$4,908 · $409/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 8/10 Severe 7 d/yr ≥105°F today · 16 d/yr by 30 yrs out
  • 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$32,314
− Mortgage interest
−$15,404
− Property taxes
−$4,908
− Insurance
−$1,375
− Repairs & maintenance
−$2,585
− Management
−$2,585
− Depreciation
−$8,000
Taxable loss
−$2,543
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$610
After-tax cash flow
$2,550/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Richmond City Public School District
NCES district ID
5103240
Math proficiency
32% ▼ -24.00%
Reading proficiency
47% ▼ -9.00%
Median HH income
$40,276
Composite
33.09/100
National rank
#5564
State rank
#123 of 131 in VA

Livability — Richmond

Score
84/100
State rank
#33
US rank
#793

Category grades

Amenities A+ Commute A+ Cost of living B- Crime D- Employment C Housing A- Health & safety A+ User ratings D+

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Richmond, VA
County
Richmond City · 178,280 people
City population
287,109
Metro
Richmond, VA
Population (ZIP)
26,322
Household income
$61,345
Rent vs Own
42.3% rent · 57.7% own
Severe rent burden
1325.0

Population outlook (Richmond County) Hauer SSP2

Today (2025)
262,263 people
By 2030
284,503 · +8.5%
By 2040
327,353 · +24.8%
By 2050
367,946 · +40.3%
By 2075
449,560 · +71.4%
By 2100
500,301 · +90.8%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly Black (70%)
Race & ethnicity
Black 70% White 21% Two or more races 4% Hispanic / Latino 3% Asian 2%
Common ancestry
Lithuanian 1% Italian 1% Serbian 1%
Foreign-born
5% · Canada
Languages at home
95% English-only · Spanish 2% Other Indo-European 1%

Political lean MEDSL · Richmond

2024 margin
Solid D (+66.3) · D 82.0% · R 15.8% · Other 2.2%
2008→2024 swing
+7.2pp toward D · 2008: 59.1pp · 2024: 66.3pp
All cycles
2024: D+66.3 2020: D+68.0 2016: D+63.8 2012: D+55.7 2008: D+59.1

Not yet ingested

Civics

Market trends

HPI YoY
▼ -288.72%
Current HPI
428.4029
Rent YoY
▲ 7.43%
Metro
Richmond, VA
State GDP YoY
▲ 2.40%
F500 in state
50

Industry mix (Fortune 500 HQ in VA)

Industry F500 HQs Revenue

Price history

+7.9% since first listed
44 events — show timeline
  • 2026-05-13 Pending CVRMLS
  • 2026-03-13 Listed $275,000 CVRMLS
  • 2021-10-21 Sold (MLS) $380,000 CVRMLS
  • 2021-09-17 Pending CVRMLS
  • 2021-09-02 Listed $398,100 CVRMLS
  • 2021-09-01 Price Changed $398,100 CVRMLS
  • 2021-08-31 Listing Removed CVRMLS
  • 2021-08-05 Price Changed $399,000 CVRMLS
  • 2021-07-22 Price Changed $424,950 CVRMLS
  • 2021-07-13 Price Changed $449,950 CVRMLS
  • 2021-06-30 Listed $459,950 CVRMLS
  • 2018-11-09 Sold (Public Records) $244,897 Public Records
  • 2018-11-07 Sold (MLS) $244,897 CVRMLS
  • 2018-09-25 Pending CVRMLS
  • 2018-09-19 Listed $249,900 CVRMLS
  • 2018-09-13 Listing Removed CVRMLS
  • 2018-08-02 Listed $254,950 CVRMLS
  • 2018-07-31 Listing Removed CVRMLS
  • 2018-07-22 Price Changed $259,950 CVRMLS
  • 2018-07-05 Price Changed $265,900 CVRMLS
  • 2018-06-11 Listed $269,999 CVRMLS
  • 2018-05-31 Listing Removed CVRMLS
  • 2018-05-04 Price Changed $274,995 CVRMLS
  • 2018-05-03 Relisted CVRMLS
  • 2018-04-17 Listing Removed CVRMLS
  • 2018-04-03 Price Changed $279,900 CVRMLS
  • 2018-03-01 Listed $299,000 CVRMLS
  • 2017-05-25 Sold (Public Records) $112,500 Public Records
  • 2017-05-25 Sold (MLS) $112,500 CVRMLS
  • 2017-05-04 Pending CVRMLS
  • 2017-04-20 Price Changed $129,000 CVRMLS
  • 2017-03-24 Relisted CVRMLS
  • 2017-03-08 Listing Removed CVRMLS
  • 2017-03-02 Listed $139,900 CVRMLS
  • 2009-09-22 Listing Removed CVRMLS
  • 2009-09-22 Listing Removed CVRMLS
  • 2007-09-02 Listing Removed CVRMLS
  • 2006-12-02 Listing Removed CVRMLS
  • 2006-12-01 Listed $105,000 CVRMLS
  • 2006-12-01 Listed $105,000 CVRMLS
  • 2006-04-19 Listed $135,000 CVRMLS
  • 2006-04-19 Listed $135,000 CVRMLS
  • 2002-02-28 Sold (MLS) $380,000 CVRMLS
  • 2001-11-13 Listed $254,900 CVRMLS

Property tax history

+6.2%/yr

Latest (2022): $4,908 · +64.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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